By Ju-min Park and Soo-hyang Choi SEOUL (Reuters) – North Korea may launch an intercontinental ballistic missile or take other military action to protest a summit of the United States, South Korea and Japan, a South Korean lawmaker said on Thursday, citing the country’s intelligence agency. U.S. President Joe Biden will meet at Camp David…
(Reuters) -Shake Shack Inc on Tuesday added an independent director in agreement with Engaged Capital LLC, avoiding a potential proxy battle between the activist investor and the restaurant chain. This follows a Wall Street Journal report that said Engaged Capital, which according to Refinitiv data has a 4.36% stake, was planning to launch a proxy…
By David Shepardson WASHINGTON (Reuters) – Microsoft CEO Satya Nadella and Activision Blizzard CEO Bobby Kotick are among the witnesses planned for a five-day evidentiary hearing set to begin this week on the Federal Trade Commission’s legal bid to block the deal, according to a court filing on Tuesday. The FTC is seeking a preliminary…
By Aleksandar Vasovic and Branko Filipovic PODGORICA (Reuters) -Montenegro’s Europe Now Movement (PES) won 25.6% of votes in a snap election on Sunday, the Center for Monitoring and Research (CEMI) pollster said on the basis of a projection of results from a sample of polling stations. The PES, which has pro-European Union policies and also…
(Reuters) – A bargaining agreement will soon be within reach to end a dispute between striking Canadian dock workers and their employers, Labour Minister Seamus O’Regan said on Tuesday. About 7,500 port workers have been on strike since July 1 to press for higher wages, disrupting operations at the key ports of Vancouver and Prince…
By Praveen Menon SYDNEY (Reuters) – Australia’s flagship carrier, Qantas Airways Ltd, said on Tuesday that long-serving CEO Alan Joyce would step aside in November, and named Vanessa Hudson as its next chief executive officer. Below is a timeline of key events in Joyce’s 15-year career as one of the longest-serving CEOs of a major…
(Reuters) – Bill Ackman questioned the valuation of Carl Icahn’s flagship firm as he took another jab at his old rival, whose company has become the target of short-seller Hindenburg Research. The billionaire investor said in a tweet on Wednesday that he was “fascinated” by the situation between the short seller and Icahn Enterprises, while…
By Jorgelina do Rosario LONDON (Reuters) – From a $360 million project to expand Zambia’s international airport in Lusaka to a $1.4 billion city port in Sri Lanka’s capital of Colombo, China is the missing piece in the puzzle of a number of debt talks under way in developing markets. The second-largest economy and the…
By Gram Slattery HENNIKER, New Hampshire (Reuters) – While other Republicans running for president assiduously avoid discussing abortion, Nikki Haley, a former U.N. ambassador with 20 years in American politics, is trying a novel approach: talking about it. Days ago, Haley, the only woman in the 2024 White House race, gave a lengthy speech stating…
BERLIN (AP) — Europe is in an energy crisis, and it means countries will struggle to keep homes warm and industry humming this winter. That is because Russia has slashed Europe’s flows of natural gas, used to power factories, generate electricity and heat homes in the winter. Moscow says deliveries through a major pipeline to…
